![FPIs flock to Indian equities markets and spend $31,630 cr. on shares in November.](https://market-tracker.in/wp-content/uploads/2021/04/1533265136-2243-1.jpg)
FPIs flock to Indian equities markets and spend $31,630 cr. on shares in November.
In November, foreign portfolio investors (FPIs) made a net investment of Rs.31,630 crore in Indian shares in the expectation that the aggressive rate hikes would come to an end and because they were optimistic about the macroeconomic outlook as a whole. After continuing to be net selling in August and September, analysts believe that FPIs…